Dime Community Bancshares Rating Lowered to Underperform at Raymond James (DCOM)
Dime Community Bancshares (NASDAQ: DCOM) was downgraded by investment analysts at Raymond James (NYSE: RJF) from a “market perform” rating to an “underperform” rating in a note issued to investors on Tuesday.
Dime Community Bancshares traded up 1.26% on Tuesday, hitting $12.84. Dime Community Bancshares has a 1-year low of $9.61 and a 1-year high of $15.17. The company has a market cap of $437.1 million and a price-to-earnings ratio of 9.26.
A number of other firms have also recently commented on DCOM. Analysts at BB&T (NYSE: BBT) downgraded shares of Dime Community Bancshares from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, May 9th. Analysts at Stifel Nicolaus downgraded shares of Dime Community Bancshares from a “buy” rating to a “hold” rating in a research note to investors on Monday, April 30th.
Dime Community Bancshares, Inc. is the parent company of The Dime Savings Bank of Williamsburgh (the Bank), a federally-chartered stock savings bank.